Core Viewpoint - Reshaping Energy (02570) experienced a significant stock price surge of nearly 60%, reaching HKD 162, driven by favorable government policies promoting hydrogen energy and fuel cell vehicles [1] Group 1: Government Policies - The National Energy Administration has encouraged the development of coal chemical projects utilizing green hydrogen [1] - The Shandong Provincial Energy Bureau plans to promote over 2,000 hydrogen vehicles and establish 38 hydrogen refueling stations [1] - Multiple provinces and cities have introduced policies to waive highway tolls for hydrogen energy, indicating a breakthrough for fuel cell vehicle applications [1] Group 2: Market Position - Reshaping Energy specializes in the design, development, manufacturing, and sales of hydrogen fuel cell systems, hydrogen energy equipment, and related components [1] - According to Frost & Sullivan, Reshaping Energy holds the leading position in China's hydrogen fuel cell system market, with market shares of 23.8% in total output power, 42.4% in total sales output power, and 29.4% in total sales revenue as of 2023 [1] Group 3: Future Outlook - The year 2025 marks the final year for demonstration city cluster policies and the first settlement point for medium to long-term hydrogen energy planning, suggesting accelerated release of fuel cell vehicles due to expanding city clusters and subsidy distributions [1] - Subsequent supportive policies are expected to be introduced, highlighting the importance of monitoring companies like Reshaping Energy [1]

Core Viewpoint - Reshaping Energy (02570) has seen a significant stock price increase of nearly 60%, attributed to favorable government policies promoting hydrogen energy and fuel cell vehicles [1] Group 1: Market Performance - Reshaping Energy's stock price rose by 55.32%, reaching 162 HKD, with a trading volume of 219 million HKD [1] Group 2: Government Policies - The National Energy Administration encourages the use of green hydrogen in coal chemical projects [1] - Shandong Province plans to promote over 2,000 hydrogen vehicles and establish 38 hydrogen refueling stations [1] - Multiple provinces and cities have introduced policies to waive highway tolls for hydrogen energy vehicles, indicating a breakthrough for fuel cell vehicle scenarios [1] Group 3: Industry Outlook - 2025 marks the final year for demonstration city cluster policies and the first settlement point for medium to long-term hydrogen energy planning, which is expected to accelerate the release of fuel cell vehicles [1] - Continuous supportive policies are anticipated to be introduced, with a recommendation to focus on companies like Reshaping Energy [1] Group 4: Company Position - Reshaping Energy specializes in the design, development, manufacturing, and sales of hydrogen fuel cell systems, hydrogen energy equipment, and related components [1] - According to Frost & Sullivan, Reshaping Energy holds the leading position in China's hydrogen fuel cell system market, with market shares of 23.8% in total output power, 42.4% in total sales output power, and 29.4% in total sales revenue as of 2023 [1]

Core Insights - The global industrial landscape is undergoing profound changes driven by AI technology and carbon neutrality goals, leading to a shift from traditional experience-driven energy management to data intelligence-driven approaches [1][3] - AI is identified as a key engine to address the dual challenges of "computing power explosion" and "energy efficiency constraints" in digital economy infrastructure [1][4] - Schneider Electric emphasizes the importance of integrating AI technology to optimize lifecycle management and enhance energy efficiency while transitioning from passive energy saving to proactive value creation [1][5] Industry Trends - By 2030, the number of IoT devices is expected to grow sixfold, and AI will increase data center electricity consumption by 4.2 times from 2023 to 2028 [1] - The National Development and Reform Commission and the National Energy Administration of China have set two-phase goals for integrating AI with energy management, aiming for a preliminary system by 2027 and world-leading technology by 2030 [3][4] - The energy management landscape is shifting towards a complex network requiring real-time responses and multi-system interactions, driven by the increasing demand for computing power and innovative technologies [4][5] Company Initiatives - Schneider Electric advocates for a new paradigm of "full lifecycle coverage + industry depth practice" to achieve dual goals of computing power enhancement and low-carbon high-quality development [5][6] - The company has implemented innovative technologies in its "sustainable lighthouse factory" in Wuxi, achieving significant reductions in emissions and resource usage [6][8] - Schneider Electric is committed to achieving "zero carbon readiness" by 2030 and net-zero carbon emissions across its value chain by 2050 [8][9] R&D and Collaboration - The company has increased its R&D investment in China, establishing multiple centers to enhance local innovation and adapt solutions to meet domestic needs [9][10] - Schneider Electric has successfully hosted the "Winning Together Program" to support SMEs by providing real user scenarios and project opportunities, facilitating low-carbon transformation in the industry [9][10] - The competitive landscape in the AI era is characterized by ecosystem collaboration, where breaking down barriers and fostering open cooperation are essential for driving future growth [10]

Core Insights - The global energy market is set to experience a significant increase in liquefied natural gas (LNG) supply, reshaping the market dynamics from a seller's market to a buyer's market [1] - Major LNG producers such as the US, Canada, Australia, and Qatar are expected to release unprecedented LNG capacity, leading to a projected 10% year-on-year increase in global LNG supply by 2026 [1] - The surge in LNG supply is anticipated to benefit Asian LNG importing countries as prices are expected to decline due to the oversupply [1] Supply Dynamics - The anticipated LNG supply surge is driven by new liquefaction projects in the US and Canada, as well as the expansion of Qatar's North Field East project [1] - The increase in LNG supply is expected to meet the rising electricity demand, which is growing robustly in both emerging and developed economies [1] Demand Drivers - Key factors contributing to the surge in electricity demand include the rapid development of artificial intelligence (AI) and data centers, as well as increased use of air conditioning and electric vehicles [1] - The growth in electricity consumption is significant enough to necessitate enhanced energy security measures, particularly in Southeast Asia, where building a robust electricity grid is deemed crucial [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 Shanghai REFIRE Group Limited 上海重塑能源集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 全體董事，即林琦先生、胡哲博士、馬晶楠女士、翟雙博士、趙泳生先生、劉會 友先生、李偉先生、錢美芬博士及陳飛先生，親身或透過電子方式出席臨時股東 會。 （股份代號：2570） 2025年第五次臨時股東會投票表決結果 茲提述上海重塑能源集團股份有限公司（「本公司」）日期均為2025年10月17日的 2025年第五次臨時股東會（「臨時股東會」）通告及通函（「通函」）。除文義另有所指 外，本公告所用詞彙與通函所界定者具有相同涵義。 出席臨時股東會 本公司董事（「董事」）會（「董事會」）欣然公佈臨時股東會已於2025年11月6日（星 期四）上午十時正於中國上海市嘉定區金園一路655號1棟2層召開。臨時股東會由 董事會根據《中華人民共和國公司法》、公司章程及上市規則召開，並由本公司執 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02570 | 說明 | H股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 40,680,318 | RMB | | 1 RMB | | 40,680,318 | | 增加 / 減少 (-) | | | 16,933,217 | | | RMB | | 16,933,217 | | 本月底結存 | | | 57,613,535 | RMB | | 1 RMB | | 57,613,535 | | 2. 股份分類 | 普通股 | 股份類別 | | 其他類別 (請註明) | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- ...

Group 1 - The chairman and CEO of Reshape Energy, Lin Qi, emphasized the importance of hydrogen energy in the global energy transition during the 7th Future Energy Conference [1] - The hydrogen industry in China has developed a "vehicle-station-scenery" ecosystem focused on vehicle applications, with commercial models represented by heavy-duty trucks already established [1] - Large-scale green hydrogen projects integrating renewable energy and various consumption methods are emerging as a key direction for future development, with the chemical sector expected to become a major hydrogen usage scenario [1] Group 2 - Reshape Energy specializes in hydrogen technology research and product development, focusing on building a hydrogen industry ecosystem and promoting large-scale commercial applications [2] - The company has established a comprehensive technology layout in the fuel cell and hydrogen production equipment sectors, providing one-stop solutions for hydrogen production and end-use applications [2] - Reshape Energy's ESG rating has improved from A to AA, with a comprehensive score of 8.08, marking a historic breakthrough in the rating system [2]

来源：环球网 【环球网科技报道 记者 张阳】一位煤矿安全员父亲刚刚给孩子讲完《地心历险记》的故事，孩子安然 地睡着，随后他起身前去上班。关灯、出门、下井。孩子熟睡，父亲走向黑暗，一束矿灯亮起，故事才 刚刚开始。10月27日，华为擎云发布的TVC视频《让安心触手可及》，视频中的这一幕场景让记者倍感 亲切，因为这几乎就是我在孩童时期的真实写照。 华为擎云智慧能源-矿安表不仅通过煤安认证，确保在井下合法合规使用，更通过心率、血氧、体温、 步数等多维生命体征监测，构建起对一线人员健康状态的实时感知网络。当某位矿工出现异常心率或血 氧骤降，系统可自动触发预警，后台管理人员能第一时间掌握情况。更关键的是，矿安表配备"一键 SOS"功能，可同步上报人员身份、生命体征与精准位置，为救援争取宝贵时间。实现了从"安全合规达 标"到"安全主动预见"的根本性转变。 矿务通手机：打破信息黑箱，让井下与地面同频共振 如果说矿安表是矿工的"生命卫士"，那么擎云智慧能源-矿务通手机则是打通井下与地面信息壁垒的"通 信桥梁"。因为矿工的作业环境，深入地下上千米传统通信设备在防爆、信号、续航等方面的局限，使 得井上井下沟通不畅，指令传达滞后，应 ...

Summary of Key Points Core Viewpoint - On October 17, 42 Hong Kong-listed companies conducted share buybacks, totaling 46.36 million shares and an aggregate amount of HKD 621 million [1][2]. Company-Specific Summaries - **Xiaomi Group-W**: - Repurchased 10.70 million shares for HKD 494 million, with a highest price of HKD 46.760 and a lowest price of HKD 45.900. The total buyback amount for the year reached HKD 1.537 billion [1][2]. - **Sihuan Pharmaceutical**: - Repurchased 15 million shares for HKD 21.76 million, with a highest price of HKD 1.470 and a lowest price of HKD 1.430. The total buyback amount for the year reached HKD 143.32 million [1][2]. - **Mengniu Dairy**: - Repurchased 1.20 million shares for HKD 16.97 million, with a highest price of HKD 14.250 and a lowest price of HKD 14.070. The total buyback amount for the year reached HKD 433.54 million [1][2]. - **AAC Technologies**: - Repurchased 300,000 shares for HKD 11.60 million, with a highest price of HKD 38.800 and a lowest price of HKD 38.480. The total buyback amount for the year reached HKD 84.64 million [1][2]. - **Vitasoy International**: - Repurchased 1.02 million shares for HKD 8.20 million, with a highest price of HKD 8.040 and a lowest price of HKD 8.020. The total buyback amount for the year reached HKD 27.54 million [1][2]. Overall Market Activity - The highest buyback amount on October 17 was from Xiaomi Group-W at HKD 494 million, followed by Sihuan Pharmaceutical at HKD 21.76 million. Other notable companies included Mengniu Dairy and AAC Technologies [1][2]. - In terms of share quantity, Sihuan Pharmaceutical led with 15 million shares repurchased, followed by Xiaomi Group-W with 10.70 million shares and Anton Oilfield Services with 4.49 million shares [1][2].

SHANGHAI REFIRE GROUP LIMITED 上海重塑能源集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2570） 請按 閣下的投票意願在適當欄內劃上記號 （附註4） 。除另有指明外，本代表委任表格所用詞彙與本公司日期為2025年10月17 日的通函（「通函」）所界定者具有相同涵義。 特別決議案 贊成 反對 棄權 1. 審議及批准建議採納2025年H股激勵計劃。 2. 審議及批准建議修訂首次公開發售前購股權計劃。 普通決議案 贊成 反對 棄權 3. 審議及批准2025年關於銷售氫燃料電池系統和燃料電池組件及零部件的 建議關聯方交易。 日期： 股東簽署 收集個人資料聲明 本代表委任表格所指的「個人資料」具有《個人資料（私隱）條例》（第486章）（「私隱條例」）賦予「個人資料」之相同涵義，當中包括 閣下及 閣下的受委代表之姓 名及地址。 於2025年11月6日（星期四）舉行之2025年第五次臨時股東會適用之代表委任表格 本人╱吾等 （附註1） | 地址為： | | | | --- | --- | --- | | 電話號碼為： | 為上海重塑能源集團股份有限公司 | | | ...